• Treasury bills

    • These are government securities issued for periods of 91 days, 182 days and 365 days (3, 6 and 12 months respectively).
    • Interest on these securities is paid at maturity with principal

  • Treasury bonds

    • These are government securities with the longest maturity ranging from periods of 2, 3, 5, 10 and 15 years.
    • Interest on these securities is paid semi-annually and the principal at maturity.

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